LMA plans could cut off ‘risk-free profits’ for loan banks
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LMA plans could cut off ‘risk-free profits’ for loan banks

Loans

Slow settlements and burdensome admin in the European leveraged loan market have been delivering risk-free profits to some loan arrangers — leaving loan funds and CLO managers fuming, and prompting a move from the Loan Market Association to work on a fix. But in a hot market, voluntary guidance may not be enough.

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